Financial Director

6 days ago


Atlanta, Georgia, United States Laurel Heights Hospital Full time

Job Summary:

This is a challenging and rewarding role for a highly qualified individual to lead the financial operations of Laurel Heights Hospital.

Responsibilities:

  • Cash Flow Management: The successful candidate will monitor and control accounts receivables, ensuring cash collection goals are met and net revenue is accurately stated.
  • Profitability Improvement: The Financial Director will continually monitor costs, particularly staffing in relation to patient volume, and negotiate contract terms with third-party payers to maximize reimbursement.
  • Policies and Procedures: The successful candidate will develop and implement policies and procedures in line with generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow and reduced hospital operating costs.
  • Financial Reporting: The Financial Director will prepare monthly financial statements, financial packages, and other reports to accurately reflect the hospital's operating results.
  • Reporting and Compliance: The successful candidate will provide reconciliations, account analyses, and other information to support the Reimbursement Department, Tax Department, and Auditors.
  • Budgeting: The Financial Director will prepare the annual budget in conjunction with UHS standards, taking into account prior financial results and anticipated changes.

Requirements:

  • A minimum of 5 years of experience in a financial leadership role within a healthcare setting.
  • A bachelor's degree is required, with a master's degree preferred.
  • A working knowledge of hospital financial operations, federal and local tax regulations, and business office, accounting, payroll, and administrative office operations.
  • Strong analytical and problem-solving skills, with the ability to interpret financial data and prepare reports.
  • 2% travel is required for this role.

What We Offer:

  • A challenging and rewarding work environment.
  • Opportunities for growth and development within UHS and its subsidiaries.
  • Competitive compensation and benefits package, including medical, dental, vision, and prescription drug plans, 401(k) with company match, and generous paid time off.
  • Relocation benefits and a bonus opportunity.
  • The chance to work with a dynamic and experienced team, contributing to the success of Laurel Heights Hospital.

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